Answer:
a. 11,000 units
Explanation:
Particulars Amount
Expected Sales (units) 12,000 [3000+4750+4250]
Add: Ending inventory 18,000
Less; Beginning inventory <u>19,000</u>
Number of units expected to be manufactured <u>11,000 </u>
A franchise business can be started with purchasing a franchise rights, these rights are usually sold by chain businesses however there are some small businesses who also provide franchise.
<h3 /><h3>What is a Franchise?</h3>
A franchise is a legal right to run the operations of a business under the same name, however there are some factors that needs to be maintained these factors are mentioned in the agreement and must be met by the franchisee at all times.
In return for the franchise there is a lump sum payment which entitles the acquirer/ franchisee for the use of legal name of that business, also these rights are for a certain number of years.
For the duration of the franchise agreement the franchise owner is responsible for all the advertisement expenditure.
When starting a new business it is recommended that a franchise is acquired if they have no past experience of the business.
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Answer: Geocentric managers
Explanation: Geocentric managers are the managers that accept the fact that every country have different culture and environment which can affect the business overall. Therefore, these managers use different techniques and procedures for different economies.
These are usually the managers of multinational corporations operating globally. These managers usually do not lack resources and can use the latest and best techniques for their operations.
Answer:
The reconciled balance is 7,294.14
Explanation:
bank statement 3,881.14
deposit in transit 9,555.88
oustanding check<u> (6,142.88) </u>
bank statment 7.294,14
From the bank accout we deduct the outstanding check and increase by the deposit in transit.
accounting 922.55
interst 77
service charge (38.22)
note collected 6,815.00
check <u> (482. 19) </u>
accounting 7.294,14
From the accounting we adjust for the transaciton which aren't know by the company:
the interest and service charge, the note colected and we also adjsut for mistake like the check not deducted.
in both we must reach the same final answer.
It's 1 dollar because u have 1 dollar and the chips cost 1 dollar so basically u have no money left